Editor's Note:

I am seeing plenty of bullish candidates and a few stocks you may want to check out and watch for a bullish entry point are: JBHT, EXPD, CHKP, DTV, TTC, MRVL, NVDA, AIRM, IIVI, PLXS, BBOX, SWX, JDAS, VSAT and CALM


NEW BULLISH Plays

Broadcom - BRCM - close: 30.77 change: +0.47 stop: 28.75

Why We Like It:
The semiconductor sector has been showing lots of relative strength the last few days. Both the SOX and BRCM have rallied toward significant resistance. A breakout higher would be very bullish. I'm suggesting a trigger to buy BRCM at $31.25, which would be a new high for the year. If triggered our first target is $34.75. Our second target is $37.00. Our time frame is several weeks.

Annotated chart:

Entry on  December xx at $xx.xx <-- TRIGGER @ 31.25
Change since picked:     + 0.00   			
Earnings Date          01/28/10 (unconfirmed)    
Average Daily Volume:       7.4 million 
Listed on  December 05, 2009    


Expeditors Intl. - EXPD - close: 33.07 chg: +0.59 stop: 30.90

Why We Like It:
EXPD has been under performing both the market and its peers but shares do appear to have formed a new bottom in the $31-33 zone. Now that the transportation sector is breaking out to new highs this stock might try and "catch up" with its peers. I'm suggesting a trigger to buy EXPD (small positions) at $33.75. There is some resistance near $35.00 but if triggered our target is $37.00. Our time frame is several weeks.

Annotated chart:

Entry on  December xx at $xx.xx <-- TRIGGER @ 33.75 (small pos)
Change since picked:     + 0.00   			
Earnings Date          02/09/10 (unconfirmed)    
Average Daily Volume:       1.5 million 
Listed on  December 05, 2009    


HMS Holdings - HMSY - close: 45.72 change: +0.87 stop: 43.49

Why We Like It:
This is a momentum play. HMSY, part of the S&P 600 small cap index, is hitting new all-time highs. I am suggesting new (small) bullish positions now with a stop at $43.49. Our multi-week target is $49.75. FYI: The P&F chart is bullish with a $69 target.

Annotated chart:

Entry on  December 05 at $45.72 
Change since picked:     + 0.00   			
Earnings Date          02/18/10 (unconfirmed)    
Average Daily Volume:       192 thousand
Listed on  December 05, 2009    


Boston Beer Inc. - SAM - close: 42.74 change: +0.00 stop: 41.74

Why We Like It:
SAM is probably best known for its Samual Adams brand of beer but they make a number of alcoholic beverages. Shares broke out to new 2009 highs last week. Thursday's session looks like a bearish reversal but traders bought the dip near support (broken resistance) at $42.00. I consider this somewhat aggressive given Thursday's session but I'm suggesting small positions right here on Friday's bounce from $42.00. We'll use a tight stop at $41.74. Our first target to take profits is at $46.00. Our second and final target is $49.75. FYI: The Point & Figure chart is bullish with a $58 target. Our time frame is several weeks.

Annotated chart:

Entry on  December 05 at $42.74 
Change since picked:     + 0.00   			
Earnings Date          03/10/10 (unconfirmed)    
Average Daily Volume:        98 thousand
Listed on  December 05, 2009